News Archives — Page 201 of 733

June 25, 2023 No Responses

Aramco, TotalEnergies Award $11b Amiral Project Contract

Aramco and TotalEnergies have awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion Amiral complex currently being developed at the SATORP refinery in Saudi Arabia. A signing ceremony took place on Saturday in Dhahran attended by Amin H. Nasser, Aramco President and CEO, and...

June 25, 2023 No Responses

MOL, Chevron Seal Low-Carbon MoU

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) and energy company Chevron Singapore have inked a Memorandum of Understanding (MoU) for a strategic alliance aimed at lowering the carbon intensity of the marine energy industry. Under the agreement, the ...

June 24, 2023 No Responses

LNG: US Project Records New Volumes

The United States Liquefied Natural Gas (LNG) developers are on track to approve three export projects capable of processing 5.1 billion cubic feet per day (bcfd) of gas in the first half of the year, a record volume for new...

June 24, 2023 No Responses

SIFAX Group Chairman Lauds Appointment Of Customs CG

Chairman, SIFAX Group, Dr. Taiwo Afolabi, has commended the appointment of Mr. Adewale Adeniyi as the Acting Comptroller General of the Nigeria Customs Service by President Bola Tinubu. In a congratulatory letter to the new Customs boss, Afolabi hailed the...

June 24, 2023 No Responses

ETIHAD AIRWAYS TO EXPAND MUTUAL AGREEMENT WITH SF AIRLINES

Etihad Cargo, the cargo and logistics arm of Etihad Airways, has welcomed senior leaders from China’s SF Airlines to Abu Dhabi to review the reciprocal block space agreement between the two airlines announced earlier this year and explore opportunit...

June 24, 2023 No Responses

Honda recalls 1.3m Vehicles Worldwide

Honda Motor is recalling 1.3 million vehicles worldwide due to a potential issue with the rearview camera image, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers some 2018-2023 Odyssey, 2019-2022 Pilot, and 2019...

June 23, 2023 No Responses

FRC, ISSB, NGX RegCo, To Unveil IFRS 1, IFRS 2

To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria and NGX Regulation Limited (NGX RegCo) is set to organize and host the launch of the f...

June 23, 2023 No Responses

NDLEA Arrests 122 Suspected Illicit Drug Dealers

Between June 2022 and June 2023, the National Drug Law Enforcement Agency (NDLEA), Enugu State Command, arrested 122 illicit drug dealers. The Acting State Commander, Mr Peter Ogar, said this while briefing Journalists as part of activities to ...

June 23, 2023 No Responses

AfDB Approves $23.04m For Floating Dock Facility In Ghana

The Board of Directors, African Development Bank (AfDB) has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the construction of a modern floating dock ship repair facility in Ghana’s western...

June 22, 2023 No Responses

America’s 10 Richest People Worth More Than 106 Poorest Countries

The concentration of wealth in the hands of a privileged elite has long been a subject of concern and scrutiny, with the gap between the poor increasingly widening. The impact of the gap is highlighted by the fact that the...

June 22, 2023 No Responses

Obaseki Assigns Portfolios To New Commissioners

The Edo State Governor, Mr. Godwin Obaseki, has approved the assignment of portfolios to the new Commissioners who were recently inaugurated as members of the Edo State Executive Council (EXCO). The governor had on Tuesday, June 13, inaugurated 15 new com...

June 22, 2023 No Responses

Agribusiness: Ecobank Restates Commitment To Youth Empowerment

The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business ...

June 22, 2023 No Responses

FIRS Partners Market Traders Association On VAT Remittance From Informal Sector

The Federal Inland Revenue Service (FIRS) has partnered Market Traders Association of Nigeria (MATAN) as part of measures to collect and remit Value Added Tax (VAT) to the FIRS from markets, especially in the informal sector. The Association which ...

June 22, 2023 No Responses

NPA Resuscitates Comatose Apapa Water Works

The Mohammed Bello Koko-led Management of the Nigerian Ports Authority (NPA) has resuscitated the 2.4 Million Gallons Per Day Apapa Water Works that has been moribund since 2012.Speaking during handover of the resuscitated facility in Apapa on Thursday 22nd Ju...